Tag: cut

Internet specialty banks expand supply of medium-interest-rate loans.. Cut the highest interest rate to 20% from July this year.

Internet specialty banks expand the supply of mid-interest rate loans. The Financial Services Commission announced that it will reorganize the system so that middle-interest-rate loans are supplied to the middle and low credit groups. The policy is to induce the absorption of low-credit users by cutting the highest interest rate. On the 30th, an amendment ….  Read More